Tag: Federal Housing Administration
Are You a First-Time Home Buyer?
A first-time home buyer is usually referred to a person failing to own a home in a specific time period, normally last three years, depending on the city and state he/she lives in. taking first-time home buyers program in a little depth reveals that it’s a loan or alternatively a payment program designed to help […]
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The Basics of Mortgage and Types of Mortgage
The dream to own a home that has the most families is very much dependent on the approval of a loan. Without this option, to purchase a home would have been unrealistic for most buyers. Although each case is different and you have to evaluate each loan application independently. Some basic criteria must be met […]
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3 Things You Should Do to Successfully Apply for Mortgage if You’re A Small Business Owner
Small business and mortgage are like water and oil – they do not mix well. Well, this will be correct if you believe so, but in reality, there is not truth in it. Many people are still under the spell of the myth that you cannot qualify for a loan if you are self-employed, say […]
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Moving to the Country: Saving Money on Rural Properties
As far as government loan programs are concerned, it seems like FHA loans and HARP refinances get all the attention. While both can offer tremendous advantages to home buyers and homeowners, another option exists that can greatly serve a specific part of the population: USDA home loans. USDA home loans are mortgages specially designed for […]
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How to Get the Lowest Mortgage Interest Rates
Over the last few years we have been experiencing an environment of extremely low interest rates. This level of interest rates has not been seen for at least 2 generations. How long they will remain at this level is hard to predict so if you are thinking of applying for a new mortgage or a refinance, now […]
